Tuesday, Oct 14, 16:00 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- CAG: Integrated market info and technical studies of top 31 currency pairs
- Webinar Videos: Trading and Identifying Volatility in the Forex by John Jagerson
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Forex Blogs
The Advisor Blog: Gbp/Usd short and medium term by Valeria Bednarik
The pair has started the week with a really strong recovery, and daily charts are suggesting a continuation to the upside: the pair is right now above the 38.2% of the last down leg, and seems likely to close above it; Momentum indicator has reached a bottom and its turning up...
FX Path: GBP/USD − Trendline Breakout / Bullish Rebound by James Chen
FxBootcamp: Pre London Outlook October 14th 2008 by Wayne McDonell
Live Sessions Schedule
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Oct 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Conventional Chart Patterns and Forex
Expert: Sam Seiden
Start: Wed, Oct 15, 11:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 14, 16:00 GMT | Longer−term Support and Resistance Trading: Setups and Rules | Rob Booker | WBN |  |
| Tue, Oct 14, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Oct 15, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
| Wed, Oct 15, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Oct 15, 11:00 GMT | Conventional Chart Patterns and Forex | Sam Seiden | WBN | |
Current Session: U.S.
USD/CHF
Currency Majors Technical Analysis − 1,1302. There is an horizontal range between 1,1280 and 1,1410 by Mataf.net
1,1302. There is an horizontal range between 1,1280 and 1,1410. Support and resistance are given by Bollinger bands. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
- Is the market out of panicness? Dr. S. Sivaraman, of i−knowindices.com
- Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Foreing Exchange − Euro: The bounce from Friday's low continues and the key resistance is 1.3787 level, last week's high by Avantage Financial GMBH
FX Thoughts for the Day − FX Thoughts for the Day by Kshitij Consultancy Service
Weekly Outlook
Weekly Technical Strategist − EURUSD: A Follow−Through To The Downside Sees EUR Invalidate The 1.3682/66 Levels by FXTechstrategy
Analysts' Blogs
EUR/USD − Correction in the Making by James Chen, Chief Technical Analyst at FX Solutions.
Gbp/Usd short and medium term by Valeria Bednarik, analyst and foreign manager at MolFX − Management
Forex Signals
Trade Signals − Matsys D Trade Signals by Fxwintrades
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (Global Forex Trading), Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
US MONTHLY BUDGET STATEMENT
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 18:00 | Monthly Budget Statement | 68.5B | -111.9B |
US economic indicators - September's budget surplus was about $45bn by BHF−Bank
The Congressional Budget Office (CBO) estimates that September's budget surplus was about $45bn, $68bn less than the surplus recorded in the same month last year, when corporates' quarterly tax payments were much higher. Outlays are also likely to have risen markedly, even if adjusted to calendar effects.
[ Full Story ]Daily Market Report - Today's data include the Monthly Budget Statement and ABC Consumer Confidence by Wachovia
Top Market Movers Review
US BERNANKE, PAULSON TESTIFY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 14 | 12:30 | Bernanke, Paulson testify | - | - | - |
UPDATE 1−US Treasury to plow $250 billion into bank equity (Thomson Financial News)
The U.S. Treasury Department on Tuesday unveiled a plan to inject $250 billion into beleaguered U.S. banks to beat back a credit crisis that threatens to swamp the economy.
[ Full Story ]- Read full Statement at the Fed
- Financials Rise On Government's Capital Injection Plan (Dow Jones)
- Treasury formally announces $250 bln plan to buy preferred stock in banks UPDATE (Thomson Financial News)
- BRIEF−US Treasury plan could also help General Motors − Rep. Frank (Thomson Financial News)
Mid−Day Forex Technical Report − Markets Lifted by US Bank Recapitalization Plan, BoJ & BoC Announced New Initiatives by ActionForex.com
Daily Market Report - Today's data include the Monthly Budget Statement and ABC Consumer Confidence by Wachovia
Economics Weekly - End of an era as credit bubble bursts by Lloyds TSB Financial Markets
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 14 | 12:30 | US | Bernanke, Paulson testify | |||
| 12:30 | CA | New Motor Vehicle Sales (MoM) (Aug) | -2.3% | -1.0% | -0.8% | |
| 18:00 | US | Monthly Budget Statement (Sep) | 68.5B | -111.9B | ||
| 23:50 | JP | Adjusted Current Account (Aug) | ¥1153.1B | ¥1555.9B | ||
| 23:50 | JP | Trade Balance − BOP Basis (Aug) | -¥146.0B | ¥232.2B | ||
| Oct 15 | 00:30 | AU | Westpac Leading Index (MoM) (Aug) | 0.2% | ||
| 04:00 | JP | Tokyo Condominium Sales (YoY) (Sep) | -38.8% | |||